NASDAQ:ZSZscaler Stock Price, Forecast & News

Zscaler's stock was trading at $42.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ZS shares have increased by 160.1% and is now trading at $111.51. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 1 sell rating, 11 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Zscaler.

Zscaler is scheduled to release its next quarterly earnings announcement on Tuesday, September 8th 2020. View our earnings forecast for Zscaler.

Zscaler Inc (NASDAQ:ZS) released its quarterly earnings results on Thursday, May, 28th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.05. The business had revenue of $110.50 million for the quarter, compared to analysts' expectations of $106.18 million. Zscaler had a negative net margin of 18.10% and a negative return on equity of 14.93%. Zscaler's revenue was up 39.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.05 EPS. View Zscaler's earnings history.

Zscaler issued an update on its FY20 earnings guidance on Thursday, May, 28th. The company provided earnings per share guidance of $0.20-0.21 for the period, compared to the Thomson Reuters consensus estimate of $0.15. The company issued revenue guidance of $422-424 million, compared to the consensus revenue estimate of $414.61 million.

21 brokers have issued twelve-month target prices for Zscaler's shares. Their forecasts range from $45.00 to $130.00. On average, they anticipate Zscaler's stock price to reach $88.95 in the next twelve months. This suggests that the stock has a possible downside of 20.2%. View analysts' price targets for Zscaler.

Media coverage about ZS stock has trended very negative this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Zscaler earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Zscaler.

Some companies that are related to Zscaler include Infosys (INFY), Cognizant Technology Solutions (CTSH), Verisign (VRSN), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), EPAM Systems (EPAM), Obic (OBIIF), Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Endava (DAVA), PROS (PRO), Sogou (SOGO), Glu Mobile (GLUU) and Formula Systems (1985) (FORTY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), salesforce.com (CRM), Twilio (TWLO), Square (SQ), Trade Desk (TTD), Netflix (NFLX), Micron Technology (MU) and Paypal (PYPL).

(ZS) raised $110 million in an IPO on Friday, March 16th 2018. The company issued 10,000,000 shares at $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Shares of ZS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ZS stock can currently be purchased for approximately $111.51.

Zscaler has a market capitalization of $14.42 billion and generates $302.84 million in revenue each year. The company earns $-28,660,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Zscaler employs 1,480 workers across the globe.

The official website for Zscaler is www.zscaler.com.

Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-533-0288 or via email at [email protected]